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Exports In 2022, Ecuador exported $11.6M in Stearic Acid, making it the 43rd largest exporter of Stearic Acid in the world. At the same year, Stearic Acid was the 83rd most exported product in Ecuador. The main destination of Stearic Acid exports from Ecuador are: Netherlands ($8.1M), Italy ($1.99M), Colombia ($867k), Chile ($357k), and Spain ($219k).

The fastest growing export markets for Stearic Acid of Ecuador between 2021 and 2022 were Netherlands ($4M), Spain ($219k), and Italy ($216k).

Imports In 2022, Ecuador imported $1.62M in Stearic Acid, becoming the 107th largest importer of Stearic Acid in the world. At the same year, Stearic Acid was the 708th most imported product in Ecuador. Ecuador imports Stearic Acid primarily from: Malaysia ($495k), United States ($274k), India ($249k), Indonesia ($192k), and Brazil ($172k).

The fastest growing import markets in Stearic Acid for Ecuador between 2021 and 2022 were India ($194k), Malaysia ($163k), and Mexico ($68k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$11.6M
IMPORTS (2022)$1.62M
NET TRADE (2022)$9.97M

In 2022, Ecuador exported $11.6M in Stearic Acid. The main destinations of Ecuador exports on Stearic Acid were Netherlands ($8.1M), Italy ($1.99M), Colombia ($867k), Chile ($357k), and Spain ($219k).

In 2022, Ecuador imported $1.62M in Stearic Acid, mainly from Malaysia ($495k), United States ($274k), India ($249k), Indonesia ($192k), and Brazil ($172k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stearic Acid EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
Netherlands$4M (97.5%)
Spain$219k (1%)
Italy$216k (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stearic Acid BY Ecuador WERE (2021 - 2022):
Colombia-$772k (-47.1%)
Mexico-$339k (-100%)
China-$313k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Stearic Acid were:
In 2022, Ecuador's main importing competitors in Stearic Acid were:

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Trade Value of Stearic Acid by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Stearic Acid’s highest export potential is N/A. With an export gap of N/A.   Stearic Acid’s highest import potential is N/A with an import gap of N/A.

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